Brandon Smith, founder of Alt-Market, has written about CIC extensively and recommends that his article that gives the best overview is: ‘What is the “Council for Inclusive Capitalism?” It’s the New World Order’.
The basic root function of the council is to centralise most or all corporations with global influence and join them with governments into a network, Smith said. Adding that CIC is a physical body representing the action arm of the environmental, social, and corporate governance (“ESG”) concept. “It is meant to create incentives and punishments for the business world based on their compliance with the values of globalism and woke socialism as well as their submission to the climate agenda.”
Although the website is named “Council for Inclusive Capitalism,” it was launched on 8 December 2020 as the “Council for Inclusive Capitalism with The Vatican”:
The Council for Inclusive Capitalism with The Vatican (“the council”), a historic new partnership between some of the world’s largest investment and business leaders and the Vatican.
It signifies the urgency of joining moral and market imperatives to reform capitalism into a powerful force for the good of humanity. Under the moral guidance of His Holiness Pope Francis and His Eminence Cardinal Peter Turkson … and inspired by the moral imperative of all faiths, the council invites companies of all sizes to harness the potential of the private sector to build a fairer, more inclusive, and sustainable economic foundation for the world.
The Council for Inclusive Capitalism with The Vatican, a New Alliance of Global Business Leaders, Launches, Bank of America, 8 December 2020
According to CIC’s website, inclusive capitalism is “business that profitably works for the common good.” As we have mentioned in previous articles, the term “common good” is a collectivist ideology that is found in socialist, communist and fascist movements.